Credits are used to record a. decreases to assets and increases to expenses, liabilities, revenues, and owners

Question:

Credits are used to record

a. decreases to assets and increases to expenses, liabilities, revenues, and owners’ equity.

b. decreases to assets and expenses and increases to liabilities, revenues, and owners’ equity.

c. increases to assets and decreases to expenses, liabilities, and owners’ equity.

d. increases to assets and expenses and decreases to revenues, liabilities, and owners’ equity.

e. decreases to assets and owners’ equity and increases to liabilities, expenses, and revenues.

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